“Endowment Building” Archive
Couple Helps Local Library
Beverly and Gene Johnson
In 2011 Wausa needed new library facilities. So as they have done often in the past, Gene and Beverly Johnson have made a major gift to the community. Gene and Beverly each used a Charitable IRA Rollover to make a combined gift of $40,000 to move the project forward.
The Charitable IRA Rollover law, which expired December 31, 2011, allowed those age 70½ and older to transfer funds from an IRA to a charity tax free.
Gift of Real Estate
Lloyd and Naomi Geweke
Lloyd and Naomi Geweke of Ord used proceeds totaling $286,000 from the sale of a home in Arizona to fund three permanent endowments for Valley County.
Gift Endows Exeter Area and NCF
Louisa and Richard Manning
The late Richard Manning admitted that he liked to kid around. However, the charitable gift that he and his wife, Louisa, have made will have a truly meaningful impact for generations to come.
Richard and Louisa Manning, who are both 1944 graduates of Exeter High School, used a charitable IRA distribution to make a $50,000 challenge grant to the Exeter Community Foundation Fund to establish an unrestricted endowment. The Charitable IRA Rollover law, which expired December 31, 2011, allowed those age 70½ and older to transfer funds from an IRA to a charity tax free. The community must raise $100,000 in additional funds over a three-year time frame.
In addition, Mr. and Mrs. Manning contributed $50,000 to the Nebraska Community Foundation’s endowment. This generous gift holds even more value because it will qualify for matching funds from the Ford Foundation Challenge grant.
$2.3M Estate Gift for Entrepreneurship and People Attraction
Rudolph R. Elis
A $2.3 million endowment has been established to support entrepreneurship and people attraction in north-central Nebraska. Rudolph R. Elis created a donor-advised fund in 2006 that was funded by a bequest upon his death.
Siberts’ Challenge Grant Creates Endowment in Red Cloud
Frank and Shirley Sibert
An attitude of gratitude prompted Frank and Shirley Sibert, former longtime residents of Valentine, in north-central Nebraska, to give a $100,000 gift of appreciated securities to the Red Cloud Community Foundation Fund, an affiliated fund of the Nebraska Community Foundation and their hometown, in South Central Nebraska.
Boettchers Provide Scholarships for Spencer Students
Bruno and Laverne Boettcher
Bruno and Laverne Boettcher, were a couple so grounded in their hometown of Spencer, in North Central Nebraska, that they simply could not be described apart from it.
Pender-Thurston Education & Community Foundation Fund
Harold and Marilyn Rink
Harold and Marilyn Rink of Pender, Nebraska made a challenge gift with the contribution of seven antique tractors. The tractors were sold by the Nebraska Community Foundation, for the benefit of its affiliated fund the Pender-Thurston Community Foundation Fund.
Andersons’ Endowment Gift Supports McCook’s Youth
Lemoine “Andy” and Geri Anderson
Two life-long Nebraskans have made the largest charitable gift to date to the McCook Community Foundation Fund.
Unique Gift Launches a Family Legacy
Paul and Karen Seger
Paul and Karen Seger have lived in the Atkinson, NE area all their lives. They raised eight children there, owned and operated the funeral homes in Atkinson and Stuart, and served as volunteers and community activists.
The Gundersons gave back to the community where they raised their family and built their assets
Verlene and Gerald Gunderson
“Tis better to give than receive” is a value that was instilled in Verlene and Gerald “Gundy” Gunderson while they were growing up in Beemer, Nebraska and Norway, Iowa.
Cambridge and McCook Benefit from IRA Distribution
Don and Alice Harpst
“Choose your ruts carefully as you will be in them for a while,” was the saying used by the pioneers who crossed Nebraska in the early 1800s.
Retired School Teacher Gave Back with a Charitable Gift Annuity
Kathryn Wall
“Making a gift to through a gift annuity makes me feel good. I like knowing my annual gifts will continue in the future with the earnings from the endowment that will be established with the gift annuity. Plus the income from the gift annuity gives me peace of mind that I am taking care of myself. I hope others consider doing the same thing,” explained Kathryn Wall.
